old friend. >> i can see him. he's looking magnificent. >> i wasn't supposed to be on tv yet. >> you obviously had a good time in texas. >> are you kidding me? can i show you something quick? hold on. >> sure. >> my boots. look at these. look at those bad boys. those are 13 ee italian texan boots. i'm now officially an oil barren. apparently you just need the boots. i didn't know. >> you realize you're following the style now of one rick perry. >> well, you know, that is an unfortunate comparison you just made and further leads me to believe in addition to exposing me against my will and then

suggesting that the proud identity and history in america that texas represents be diminished to the performance of the recent governor suggests that you don't think that much of me and you're trying to hurt my cause here. >> absolutely not. i fear you have just lost a minute of your show. so get it going. >> show starts now. good monday afternoon. i'm dylan ratigan delighted to be back in new york for the week as we get ready for the three-day college leg of our tour next week. more on that this wednesday. we'll tell you if you're in kentucky, ohio, or chicago, look out. we're coming to you next week. while we were in austin for the end of last week, word came through the texas hills that republican congressman spencer bachus is under investigation for insider trading.

shorting the financials before the financial hoops. we couldn't let that one go just because we were in texas. our big story today. how dumb do they think we are? this coming earlier in a book written by our friend and neighborhood peter schweitzer. give us a sense of whether the bachus trades buying the railroads before the stimulus money gets spent on the railroads, or shorting the financials before the whole thing tips inside out for the obvious reasons. is bachus alone in doing this? is this the tip of a stinking iceberg that we have only just do discovered? >> he's definitely the most aggressive. he had 40 options trades where he shorted the market and went

long. but he's by no means the only one. and to a certain extent, the timing of this leak about his investigation is a little suspect to me in that the sense that the congress has been under a lot of criticism for watering down the stock act. so it's almost conceivable that he could be the sack official lamb, as it were. i'm critical of the trades he made, but this is not just about two corrupt individuals. this is about a compromised system. >> isn't the whole thing, henry, and you lived through this as a poster child for an ethics breach in the context of your experience out of merle lynch where the they used people as poster childs for a system and then they never repair the system. you were a classic poster child, but the culture of the system got bigger and we end up with 2008. this a classic example. now we're supposed to look at

bernie madoff. we don't need to change the laws. do they need to change the laws for insider trading? how does the government compare to our laws? >> lawyers tell me there's disagreement as to whether congress is actually subject to the same trading laws as everybody else. some say yes. some say no. if they are not, they need to be put under instantly. the idea that a sitting senator is running out of meetings to place option trades whether or not they have any information is just crazy. this is what our representatives are supposed to be doing. to me the most offensive part is it isn't obvious to mr. bachus and others how utterly inimportant this looks. if it isn't illegal, it should be. >> how stupid do they think we are? and i think we're continuing to realize they think we are remarkably dumb. how is it that we avoid getting sucked into the false justice of

a hollowed out bill, which is what this appears to now be. and the false justice that even doing what we're talking about, which is the stupidest, lowest-hanging fruit in our country, in some ways isn't an act of integrity for a government that's riddled with breaches that make this insider trading look like a flee on a dog's ass, as they refer to it. >> think about it. if we can't fix this problem by members of congress, how are we going to tackle more complex issues? the bottom line is this. they can pass a law as they have in the stock act that says it's now illegal to engage in insider trading on congressional inside information. we all know how the system works. law enforcement agencies are not going to enforce this law. it's difficult to prove to begin with, but on top of that, congress has historically been

very resistance to anything that law enforcement has to say, whether it's the fbi. >> on henry's point, which is forget whether it's illegal or not. where is the law that says if you are at work -- i'm at work right now. i'm work through the morning. we have a stack of meetings. we have to do a bunch of interviews. we have to plan the trip to kentucky and chicago next week. then we have to come down here and do a tv show. we'll have meetings after the show. i don't have to time to run back to my options trading account and offer a point of view on american railroads and the derivatives market in this. how is it politicians consider this to be a professional behavior anymore than the people here at msnbc would be look at me every time i checked my account? >> you're right. congress gets to write the rules. they have written the rules in such a way that even if you get rid of or make illegal insider

trading, if you're on the senate banking committee, you're still going to be able to trade bank stock. if you're writing the defense budget, you're going to be able to own and defense trade-related stock. if you work at the fcc, you cannot trade tell come stock. it's absurd to me that the people making these decisions are exempt from it, but everybody else has to deal with matters like conflict of interest. >> the fact there's any pushback from congress is outrageous. you look at corporations. there are strict rules simply to avoid the appearance of impropriety. here we're fighting the idea that we must have the ability to appear to be doing horrible things. why doesn't congress just ban it? why trade stocks at all? index funds, fine. >> why are you wasting our valuable oxygen on a monday afternoon when we should be

talking about the absurdity of the greek debt settlement? or the unemployment, the lack of 30 million jobs, or i have lists for you. instead, we're stuck here like fools talking about why it is that the children shouldn't steal our money. >> you're exactly right. >> peter, i'm not even sure what useful i can say at this point. i feel so stupid. just so everybody understands from a news standpoint, as i understand it, eric cantor went behind closed doors and is gutting this deal? is that a correct understanding? >> there was some things he weakened. he weakened the reporting on political intelligence, which is lobbyists that gather information for hedge funds to trade. what he did do is add a

provision whereby members of congress are not supposed to get access to the ipo deals that both parties like. >> thanks for that. >> exactly. >> we're not going to steal all of your money is the new deal. just some of your money. we have to go. thank you for coming over. it's delightful to see you. peter, you are the tip of the spear on this issue. i sincerely certain if you hadn't written this book and disclosed this information, we wouldn't be having this conversation. so before everybody completely loses faith in the social covenant, we have new information to be introduced. unlike iran or china, they are not going to jail myself or peter or henry and flog us. we are grateful for that. so thank you both. coming up here on the dr show, it's back. the president out with a budget

to battle over. not a budget to finance our transition. a budget as a political weapon that can be utilized for some good old-fashioned pro-wrestling. plus as athens burns, new government cuts in greece sparking the most violent protests in years while the debt load that lays over that nation remains completely unresolved. and no doubt the sweetest segment of our day and dare i say it maybe our week. later in the show, the one and the only ben and jerry, that ben and jerry joining us in studio to see whether we can figure out the difference between a corporation and a person. think about it. we're back after this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more

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i'm proposing some difficult cuts that i wouldn't normally make if they weren't absolutely necessary, but they are. the truth is, we're going to have to make some tough choices to put this country back on a fiscal path. we have to keep strengthening american manufacturing. we have to keep investing in american energy. we have to double down on the clean energy that's creating jobs. >> the president the master of rhetoric as we know unvailing his 2013 budget today. this is a campaign tool for the president in 2012, which means the president obviously is concerned about it. the proposal calls for an $8 billion community jobs trading

program. the jobs program will be paid for by a tax increase on millionaires, which is a political one-two. take money from the rich. what's the problem with that? the problem is we let tens of trillions of debt from systems that are transferring risk to our government from private enterprises and no one is doing anything to stop it. they are looking to either reduce spending and/or tax people to poor money into a bucket. which is the extraction of the systems. we talk about plug the bucket mr. president. stop it playing games. let's bring in our mega panel. imogen lloyd webber, tim carney, and sam cedar. before we get to the wrestling match that we'll get into ourselves, let the world know

that america now has 311 million and one american citizens and a very adorable new citizen to report from the east of irish heritage. and american patriotic through and through. congratulations. >> thank you. thank you very much. >> you want to announce the child's name? >> margaret mary. it's actually her name and her grandmother's name. >> congratulations to you. >> and mom and baby are both doing fine. >> wonderful. and the giants won the super bowl. you're doing pretty well. >> as far as she knows, every sunday is a huge bout of excitement. >> so everybody at this table, you're the most inclined to have the potentially positive bias with this president in this budget. i want you to tell us why we should feel good about this in the context of what it said today? >> well, look. >> how should we look at it?

>> i don't think there's anything the president could propose in terms of a budget that's going to pass with the republicans. i think within the confines of the deficit deal that the debt deal they struck last year, he's presented something that he can get some rhetoric. i'll tell you this. i like the fact that investment dividends are not going to be treated as some type of special category. >> here's the thing. we can get lost in it. there's going to be lots of little ideas. some we'll like. some we won't. we could do years on that. i'm interested to understand a little better if you understand that the congressional approval ratings are around 10%. these people are not expect ed y the country because they are not demonstrating an effect to solve our problems or fight for power and take money from special interests, regardless of your politics. and i feel i look and i'm like when am i going to stop allowing

the democrats to blame republicans. let's accept. the republicans don't want to do a deal. let's accept the republicans as intransigent fools who don't want to do a deal. whether they are or not, let's pretend for a moment. knowing that they have a 10% approval rating and knowing this is the case, knowing i'm the president of the united states of america when there's a 30 million jobs deficit and a culture of special interests and secret money and this is what's happening in america. why would you not use your budget to assert beyond the politics to the country around a narrative of restoration in our communities, which is something i think almost every political fabric can get into. >> obama has spoken in the past about tax reform. it's the general understanding of that is you get rid of the loopholes. in my opinion, you lower rates. you don't even have to flatten it out as much as smooth it out. >> fair enough.

>> and so he doesn't do that. he talks about more subsidies for green energy. what he could do -- what he would have to do to present a problem to what you're talking about, the solution would be raising taxes on the middle class. if you want to close the budget deficit, you're going to have to close loopholes not just on the rich, but the above average. >> you see people solving problems. whether you look at the solutions in this country that reduce costs, by 90%, and these things are not even in the federal conversation. >> i'm feeling cynical for america. so i'm just going to throw it out there. >> don't feel bad. we have a new baby. we're good to go. >> austerity sweeping reform is really really hard. we have had us a tausterity mea

in the uccu events center uk they got pushed through. >> is it possible? hold on a second. it doesn't require austerity. wrong. this is the 20th century conversation. >> this is the point. because the fact of the matter is we shouldn't have any budget cuts right now. right now, austerity has destroyed your country's economy. it's destroyed greece. it's not an effective tool to grow yourself out of it. we had deficits and debt beyond the eyes could see in the '90s. the fact of the matter is, it went away with growth. we do not have pro-growth policies. if the president was to come out and over pro-growth policies, in other words don't cut nondisgresh nar spending, you would have a problem. there would be a backlash that you wouldn't believe. >> i disagree with all of you so far. i'll explain myself in a second.

>> pro-growth policies, i'm amazed. this is the first time i heard sam or most liberals use that word. >> sam is sam. not a liberal. >> pro-growth means letting businesses engage in activities that will be profitable and increase wealth and increase what people have. people are able to buy. >> within some boundaries. >> but let me finish quickly. government does not have the ability to reward productive activity smartly. they tried to do that. what the government has ability to do is inject money into the economy and hope people spend it well. that's a very different thing. >> that's an easy thing. that's a way to fight. >> you could have people dig ditches and fill them up. that's not pro-growth. >> hold on. the reason i think this is so

frustrating is that we all know that there are people inside of communities in this country, we all know that. wherever we live, who are demonstrating effective solutions to lots of problems. it doesn't matter their political affiliations. we're frustrated with the sense that we have a government that either wants to be really big and do what the right wing wants, or do what the left wring. neither are are allowing communities to engage themselves. it's the right conversation. that's why you're here every week. but i don't know we're going to resolve it right now. but the fact that it's as intense as it is, it's wonderfulfully instructive to know we're at the right crucible. now we have to create time to have more conversation to resolve that. i want to use a little more time for today's show just to address another point of news today away from the budget and away from the debate we're having. which is the resolution in

greece. understand that in greece, athens and greece is an economy that's the size of dallas fort worth. imagine if we attached $350 billion worth of activity to something that was worth $3 billion. greece is about the same as dallas. we have attached trillions of dollars of debt. we have allowed them to attach to themselves trillions of dollars in debt to an economy the size of dallas-ft. worth. then we believe that instead of acknowledging the total failure of that system into the debt structure and restructuring that debt the same way you're going to have to do in the mortgage market. you can't solve a mortgage problem with a $25 billion payoff to a few attorney generals so you can win 2012. not going to happen. anymore than you can by cutting the minimum wage by 20% thinking that doing that is in some way

going to resolve the massive debt that is preventing any activity in that state. in fact, if you look at world history, this type of activity is a direct precursor to increased violence, increased social instability, and no resolution to the debt markets. it's why we have the marshall plan after world war ii. because we understood you can't deal with a trillion-dollar problem with a million-dollar solution. yet we're watching policymakers in both parts of the world, europe, and america, try to attempt to solve our problems with insulting million and billion-dollar solutions. what is the best political leverage in europe right now to break the insanity of the way decisions are being made there, which is really a mind meld with the insanity of the way we're making decisions in the markets

here? >> there's a degree of service going on as far as greece goes. i was speaking to somebody in charge of the uk financial system. i was asking him about greece. it is expected that greece is going to leave the euro zone and default completely. >> that's the function of the math. >> it's probable. but we cannot forget the human impact here as well. three years ago, greece had the lowest suicide rate. it now has the highest. its people are depressed. it's a horrific situation. >> the panel stays. next from the riots in greece to the crisis in syria, all of this, by the way, reasons why we must seize these solutions around us. the violence is just unbelievable. just what is the risk of the ongoing slaughter of the syrian people using russian weaponry in that country? ♪ yo

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it is deplorable that the regime has escalated violence in cities across the country, including using artillery and tank fire against innocent civilians. we stand with the syrian people. >> depends on the country. sometimes we sell weapons and the government uses the weapons we sell them to slaughter people. other times russians sell weapons and we denounce it when they do the same thing other countries do with our weapons. that's why we have a tricky situation. that was secretary of state hillary clinton condemning the brutal crackdown in that e regime using russian weapons. this as a new video shows fresh assaults and really murder along

with heavy smoke in homs reportedly at the hands of government troops. more than 5,400 individuals have been slaughtered in an is 1-month uprising according to the united nations, which led the chief to declare that both crimes against humanity must not go unpunished. we have seen lesser degrees of behavior from e egypt to iran to bahrain in the face of a valid protest of the broken solve kov innocent between the rich and poor in the middle east or at least between the powerful and nonpowerful. let's bring in our specialist, director of the middle east study center at the london school of economics. we seem to love getting into the moralization of how wrong all these various things are and our righteous indignation as to how they do this, professor, yet depending on the country if it's an anmy or ally, will finance

the weapons. how can we change this conversation away from moral tragedy and slaughter to an actual understanding of who and how the power is being created that is giving any government the ability to perpetuate itself by murdering its own people? >> you're absolutely correct, dylan. america's history was the bloody dictators in the middle east is a great deal about our moral compass. and i think syria is at war now. violence is escalating and spreading to many parts of syria. many more syrians are arming themselves. the government has lost control of neighborhoods, streets, and towns. i think the uprising,

unfortunately, has been militari militarized. and this does not bode well for the opposition. as that it strategy has been all along, it's to force the opposition to become militarized and who knows, dylan. we might be talking about syria two or three years from now. >> it's an extraordinary situation. i was wonder if you could tell who is supporting assad and what has to happen for him to lose that support? >> this is an important question you're asking. if you listen to the dominant in all of us, we portray assad versus the people. i just came back from the reg n region. you have people who support assad. the christians in syria are pro-assad. you have other classes that have benefitted from the new economic

policies of assad. so you have millions of people who still support assad and you have millions of people who are still sitting. and that's why the situation is complicated. and that's why american strategy, the obama administration strategy, is to use war by other means. economic sanctions to tip the balance of social forces inside syria against assad. the idea is if you punish the middle class in syria, if you force the middle class to join the opposition, you'll tip the balance of power against assad. unfortunately, ten months later on, it has not happened. it might take a long time. that's why you question really shows how complex the situation is. >> this is coming from the country that believes putting millions of people in prison for decades is a good way to cure drug abuse.

so we're not known for rational decision making. >> you commented on war by other means. i'm worried about war my military means. in other words, what are the odds of nato getting dragged into military combat in syria in the way we got involved in libya or iraq and afghanistan? >> i think, again, so far neither the united states nor its western allies have basically said that they are willing to intervene. president obama says we believe the tipping point must come from within syria. the millions of people are fence sitting must join the opposition. the dynamic is fluid. i can imagine the pressure is overwhelming. and you're talking about the buffer zone. what does a buffer zone mean? it means a declaration of war against syria.

what does a it mean? let me be blunt. the opposition inside syria and the opposition outside syria, their main goal is to bring the west to intervene militarily. this has not been discussed open ly. if you peel off the strategy of the opposition inside and outside syria, they want a libyan-like situation. so far, the obama administration has been blunt. no military intervention. but since the situation is changing by the days, who knows. we might be talking about a buffer zone in the next few weeks. >> sam? >> i'm curious as to the relative vacuum that's been created in iraq. how has that contributed to what's going on in syria, if at all? >> hardly. there is no -- in fact, the fear is that the reason why you asked

me earlier why syrians are reluctant to give up on assad, they are terrified of the morning after. they are terrified they are going to have iraq after the u.s. invasion. so the iraq novel really resinates deeply in the imagination of syria your question is important because according to american reports, more and more militants now are migrating to syria. and in fact, we have reports by american intelligence services basically which say that now iraqys are fighting battles against the assad regime. this tells you how complicated the syrian situation and this tells you the potential for further escalation that if syria descends into all-out war, you're talking about another iraq on a much bloodier scale with tremendous implications to its neighborhoods, particularly

lebanon. >> professor, we're grateful for the opportunity to win some of your intelligence. thank you for it. thanks to the panel for their vigorous participation today. a >> we are on this thing. she's going to be fine. we're here to go. sam, tim, we'll see you soon. straight ahead, the real queen of the night at last night's grammys. ♪ that you just don't see ♪ but if you would only take the time ♪ [ kate ] many women may not be properly absorbing

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they are not corporations. i'm referring, of course, to ben and jer vi. look jerry. they are unvailing their get the dough out of politics campaign. we all know it as a central issue for our generation. the need to not only debate, but to ultimately pass and amend the united states constitution to get money out of politics. ben and jerry are with us here in studio. you have a unique leadership position for the simple reason you have figured out a way to create a product that everybody likes. no one else has that privilege. everybody has a mixed view. you, everybody likes you. i'm interested to know why it is you chose to take the value of your identity, the value of your currency, and sort of hurl yourselves into the middle of this amendment conversation. why are you doing this?

>> well, i think the company has always been about economic equality and creating a country that works for everybody, not just the rich and corporations. and there's no doubt in my mind that the only way that's going to happen is if we get the dough out of politics. >> and why is that? i mean, i get it. i know we're preaching to the choir, but in short order, what do you believe, you have a lot of resources you can throw around with this. i'm not just talking about throwing money around. i'm saying your identity is a very high-impact identity. this is a high platform. you can name an ice cream after getting the dough out of politics if you wanted. what do you believe is achievable for this country, jerry, if all of us are able to form these coalitions to resolve these issues? >> we're going to have a

government that actually is of the people, by the people, for the people, which is very different from the situation we have now. everybody knows the game is rigged. that special interests, wealthy interests control the electoral process, and our elected officials don't really represent you or me or people on the street. so we don't really have democracy. >> tell us about the campaign. you're going on colbert tonight, who will be hugely threatened with his super pac. you're an anecdote. what is this campaign? >> it's a campaign -- ben and jerry's is using their voice to reach out to the general public. we have a website that we started. there's information on the ben and jerry's website. >> what do you want people to do though? we have an audience.

>> we want you to sign up. >> they signed up 50 things. they need to do more than sign up. >> we have an online campaign that's free speech for people. we're working with business for democracy, which is a project of the sustainable business council. we have scoop trucks going out this summer. >> what's going to happen with that? >> i think they are going to be scooping ice cream and getting people to sign postcards. we'll be at the music festival getting people to sign postcards. we have to get massive grass roots activation. >> and as you know through the work we have done here with the e united republic, there's probably 300,000 people on a list who are fully align with what the two of you are talking about. my hope would be that they will be able to enroll and align with you. i can't think of two better people to spear head it quite honestly.

dylan ratigan, some people love me. some hate me. you guys don't have that issue. everybody loves ben and jerry. you don't come off at lefties or righties. you can assume the patriotic position you have earned for yourselves in our country as the proprietors of this ice cream. >> another thing people can do is work in their own municipalities and states. new mexico was now the second state that passed a resolution. there's a resolution proposed in the vermont state senate. we have about 30 towns in vermont that will be voting on a resolution at town meeting day, which is march 6th. we need people in every town and every city to get their local municipalities to get on board. >> and i think there's a tremendous opportunity now with the occupy wall street movement. i think, you know, the people that are interested in that movement, the people involved in that movement all want to get

money out of politics. and i think it's that huge, massive, grass roots wave of support that's really going to make it possible to pass the constitutional amendment. >> and don't sell yourself short, dylan. you are on board. you are leading the charge. >> let's work -- there seems to be some confusion in this country that i wanted to take advantage of the unique privilege of having you two here, which doesn't happen every day. there's an apparent decision that corporations are human beings. right? that's what we're dealing with. >> it's hard to believe, but true. >> you two happen to be human beings that have a corporation named after you, which is a nice honor. it's like naming your child ben or jerry or your corporation ben or jerry. from your perspective, what do

you believe are the most clarifying events that distinguish between your existence and the success of modelling entrepreneurialism and social conscious that the corporation that bares your identity has set out as a model for all of us. >> you want to hear our standard introduction? >> please. >> i'm ben. i'm a person. >> i'm jerry. i'm a person. >> ben and jerry's home made, not a person. >> that pretty much solves it. >> and when we show up to places, that's what we say. people get tired of it. >> it's simple messaging. the thing is the corporations product is tasty. regardless of whether it's human, i have never saw anything in here. >> and we have the corporation that is using its voice that is

doing a campaign, get the dough out. >> corporations are useful tools. >> absolutely. >> they just aren't people. >> they don't have any heart or soul. >> that's it. listen. a real honor for us to be able to host you as part of this campaign. thank you for making this a featured style. >> you're good at scooping. not at eating. >> here you go. enjoy yourself. what kind of a host would i be. i forget what's coming up. still ahead, a thought-provoking rant on how birth control has changed this country. ♪ feel the power my young friend. mmm! [ male announcer ] for excellent fruit and veggie nutrition... v8 v-fusion, also refreshing plus tea. could've had a v8. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate? dude what? no, no, no. he's, he's on my back about providing

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here's kelly with the daily rant. >> thanks, dylan. nancy pelosi once told a story about what it was like to be one of the few elected female officials in her career. when the subject turned to childbirth, she assumed that would change. she was wrong. she and her female colleague listened as two of of the men spoke over each other to share their firsthand accounts of being at the hospital when their wives gave birth. the men moved on to another topic without giving the women a chance to weigh in. though i first laughed because i thought things changed, it appears we laughed too soon. the contraception controversy has been dominated by men, both in government and in the media. a recent analysis by think progress notes that male guests outnumbers female guests by a

two to one margin. anyone who has problem with men leading the conversation on a women's issue should get used to. you will see far fewer female voices heard in the media and calls of congress. how do we know? history and a look at other countries where contraception access is limited tell us so. a few quick facts. number one. in countries with the highest fertility rates, women have the shortest life expectancies. one in eight one die in childbirth in some countries. when american women gave birth, the same number of women died in childbirth here as well. approximately one in eight. number two. countries with low contraception uses have the lowest number of women who can read. in afghanistan where contraception knowledge and access is limited, 87% of women

cannot read. number three. before the 1965 griswold ruling made contraception widely available, men outnumbered women in college. number four, before griswold there were no ceos of fortune 500 companies. before griz mold, there were 20 women in the house of representatives. today there are 76 women in the house and 17 women in the senate. all of whom, i presume, do not want their male colleagues speaking for them or other women in on issue that affects us. dylan? >> in 30 seconds. the original concept of no contraception going back thousands of years. written at time when people died below the age of one or two all the time. people don't die all